250430 - Bitcoin Market Analysis

Bitcoin's current K-line has broken below the key Kibot line and has entered a correction phase. The first support level to watch is $93,400, and the second support level is the low of $92,700 on the 28th. If the Kipoint Score continues to stay negative and falls further, we should also consider the possibility of a drop to $91,619. Currently, Bitcoin has failed to reach $96,000, encountering resistance and pulling back multiple times around $95,700. It is expected to challenge this level again next month after a correction. Based on the current trend, even if a rebound occurs today, the upward target is roughly in the initial range of $95,000.